Property Tax Appeal Board Decision 2004-24071-R-1 Patel

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Based on the facts and exhibits presented, the Property Tax
Appeal Board hereby finds no change in the assessment of the
property as established by the Cook County Board of Review is
warranted. The correct assessed valuation of the property is:
LAND: $3,538
IMPR.: $18,511
TOTAL: $22,049
Subject only to the State multiplier as applicable.
PTAB/CKG
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PROPERTY TAX APPEAL BOARD'S DECISION
APPELLANT: Naresh Patel
DOCKET NO.: 04-24071.001-R-1
PARCEL NO.: 09-15-109-032-0000
The parties of record before the Property Tax Appeal Board are
Naresh Patel, the appellant, by attorney Rusty A. Payton of the
Law Offices of Rusty A. Payton, P.C., Chicago, Illinois; and the
Cook County Board of Review.
The subject property consists of a 40-year old, two-story
townhouse of frame and masonry construction containing 1,550
square feet of living area with a partial, unfinished basement
and central air conditioning.
The appellant submitted evidence before the Property Tax Appeal
Board claiming unequal treatment in the assessment process as the
basis of the appeal. In support of the equity argument, the
appellant submitted a grid analysis detailing four suggested
comparable properties located one-half mile from the subject.
The comparables are two-story frame and masonry townhouses that
are 41 years old with no basements and central air conditioning.
Their living areas are 1,632 square feet in size, and have
improvement assessments of $7.49 to $8.20 per square foot. The
subject property has an improvement assessment of $11.94 per
square foot. Based on this evidence, the appellant requested a
reduction in the subject's improvement assessment.
The board of review submitted its "Board of Review Notes on
Appeal" wherein the subject's final assessment was disclosed. In
support of the subject's assessment, the board of review offered
the property characteristic sheets and a spreadsheet detailing
four suggested comparable properties located on the same block as
the subject. The comparable properties consist of two-story
frame and masonry townhouses that are 40 years old with partial,
unfinished basements and central air conditioning. The
townhouses contain 1,550 square feet of living area and have